Outside Counsel

Cyber Ransoms: Mr. Smith Attacks HBO's Loot Train

, New York Law Journal


Thomas G. Rohback and Brooke Oppenheimer write: The recent cyber-attack on HBO should be a wakeup call to both businesses and insurers. While the amount sought by the hackers called "Mr. Smith"—roughly $6 million in bitcoin—is not a huge amount for HBO, it is significantly more than the amounts that have typically been demanded in recent cyber extortion demands.

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